Electric Finance operates for the internal use of the City only.

For electric customer service inquiries please click here.

Click here for Lakeland Electric's billing address for commercial vendors.

Some of the responsibilities and duties performed by Electric Finance personnel include:

• Prepares monthly financial statements;
  
  

• Prepares monthly report of estimated unbilled revenue;
  
  

• Records a wide variety of transactions in the general ledger system, including: purchased power and energy pool transactions;
  
  

• Calculates and remits utility related tax payments to the appropriate governmental agencies;
  
  

• Reconciles customer accounts receivable;
  
  

• Maintains fixed asset accounting records;
  
  

• Prepares monthly calculation of fuel recovery;
  
  

• Manages and controls the payment of expenditures necessary for the day-to-day operation of the utility;
  
  

• Prepares monthly OUC calculation and billing;
  
  

• Prepares an annual FERC based report for the Energy Information Administration;
  
  

• Performs general ledger maintenance relating to the utility;
  
  

• Prepares a variety of reconciliations and prepares the associated journal entries, including: depreciation expense, recovery of fuel charges, capitalized interest revenue and expense, monthly amortization and interest expense;